ORA Ormat Technologies (ORA) Q2 FY26 earnings call
Ormat Technologies delivered a strong Q2 FY26, marked by double-digit revenue growth and a significant increase in adjusted EBITDA, prompting a full-year guidance raise. The company's diversified three-segment model, balancing long-term contracted revenues with selective merchant exposure, proved effective, particularly in Energy Storage. Strategic focus remains on expanding the development pipeline, advancing EGS pilots, and leveraging a robust funding platform to meet growing demand for low-carbon electricity.
You’re reading a preview. Opening the full call uses 1 concall credit.
Sign in to use your monthly call allowance.
ORA operating KPIs by quarter
| KPI | Dec 2025 Q4 FY25 | Mar 2026 Q1 FY26 | This call Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|---|
| Generation capacity Additions | 72 MWWe added 72 megawatts in the fourth quarter of 2025.Source: earnings call transcript | 30 MWWe added 30 megawatts in the first quarter of 2026 and currently have approximately 216 megawatts under construction and development through 2028.Source: earnings call transcript | — | -58.3% |
| Backlog Product | $352MOur product segment backlog stands at $352 million, representing a 19% increase on a sequential basis.Source: earnings call transcript | $239MOur product segment backlog stands at $239 million.Source: earnings call transcript | — | -32.1% |
| Generation capacity Electricity | — | ~1,340 MWOur Electricity portfolio now stands at approximately 1,340 megawatts globally.Source: earnings call transcript | ~1,355 MWOn Slide 15, our electricity portfolio stands at approximately 1,355 megawatts globally with new 15 megawatts added during the quarter.Source: earnings call transcript | — |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.